Erin Papuga feeds her 7-month-old daughter, Caroline, in the Bumbo at their home in Chicago. (Heather Charles, Chicago Tribune) Like other gadgets that confine babies, including walkers, exercise saucers and bouncy seats, the Bumbo Baby Seat is not popular among physical therapists.
A hard money loan is a specific type of asset-based loan financing through which a borrower receives funds secured by real property. Hard money loans are typically issued by private investors or companies.
Youâll typically use a third-party escrow agent such as the title company, to hold your earnest money deposit in an escrow account. You should avoid giving the deposit directly to the seller. If the transaction doesnât close and the seller cannot return the money, you may have to pursue legal action, costing you more. Giving the money to a third party escrow agent protects the buyer from questionable sellers. The terms of the contract decide where earnest money lands if the contract is broken.